XML 247 R37.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Statements of Changes in Stockholders' Deficit - USD ($)
Total Terrestrial Energy Inc. Stockholder's Deficit
Preferred Shares
Common Shares
Additional Paid-In-Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Attributable to Non-Controlling Interest
Total
Beginning balance at Dec. 31, 2022 $ 7,201,562 $ 138 $ 675 $ 78,320,108 $ 95,011 $ (71,214,370) $ 433,819 $ 7,635,381
Beginning balance (in shares) at Dec. 31, 2022   137,672 675,281          
Increase (Decrease) in Stockholders' Equity                
Stock-based compensation 716,537     716,537       716,537
Issuance of warrants in connection with convertible notes, net of tax 733,411     733,411       733,411
Foreign currency translation adjustments (153,347)       (153,347)     (153,347)
Net loss (13,908,462)         (13,908,462) 100,792 (13,807,670)
Ending balance at Dec. 31, 2023 (5,410,299) $ 138 $ 675 79,769,519 (58,336) (85,122,832) 534,611 (4,875,688)
Ending balance (in shares) at Dec. 31, 2023   137,672 675,281          
Increase (Decrease) in Stockholders' Equity                
Stock-based compensation 155,539     155,539       155,539
Foreign currency translation adjustments (95,355)       (95,355)     (95,355)
Net loss (3,052,189)         (3,052,189) 45,580 (3,006,609)
Ending balance at Mar. 31, 2024 (8,402,304) $ 138 $ 675 79,925,058 (153,691) (88,175,021) 580,191 (7,822,113)
Ending balance (in shares) at Mar. 31, 2024   137,672 675,281          
Beginning balance at Dec. 31, 2023 (5,410,299) $ 138 $ 675 79,769,519 (58,336) (85,122,832) 534,611 (4,875,688)
Beginning balance (in shares) at Dec. 31, 2023   137,672 675,281          
Increase (Decrease) in Stockholders' Equity                
Foreign currency translation adjustments               488,848
Net loss               (9,412,471)
Ending balance at Sep. 30, 2024 (11,771,087) $ 138 $ 675 82,447,488 430,512 (94,650,437) 649,745 (11,121,342)
Ending balance (in shares) at Sep. 30, 2024   137,672 675,281          
Beginning balance at Dec. 31, 2023 (5,410,299) $ 138 $ 675 79,769,519 (58,336) (85,122,832) 534,611 (4,875,688)
Beginning balance (in shares) at Dec. 31, 2023   137,672 675,281          
Increase (Decrease) in Stockholders' Equity                
Stock-based compensation 670,243     670,243       $ 670,243
Acquisition of non-controlling interest 534,611   $ 63 534,548     (534,611)  
Acquisition of non-controlling interest (in shares)     63,050         63,050
Issuance of warrants in connection with convertible notes, net of tax 2,006,982     2,006,982       $ 2,006,982
Loss on extinguishment of debt from related parties (202,204)     (202,204)       (202,204)
Foreign currency translation adjustments 395,525       395,525     395,525
Net loss (11,485,410)         (11,485,410)   (11,485,410)
Ending balance at Dec. 31, 2024 (13,490,552) $ 138 $ 738 82,779,088 337,189 (96,608,242)   (13,490,552)
Ending balance (in shares) at Dec. 31, 2024   137,672 738,331          
Beginning balance at Mar. 31, 2024 (8,402,304) $ 138 $ 675 79,925,058 (153,691) (88,175,021) 580,191 (7,822,113)
Beginning balance (in shares) at Mar. 31, 2024   137,672 675,281          
Increase (Decrease) in Stockholders' Equity                
Stock-based compensation 161,323     161,323       161,323
Issuance of warrants in connection with convertible notes, net of tax 2,006,982     2,006,982       2,006,982
Loss on extinguishment of debt from related parties (202,204)     (202,204)       (202,204)
Foreign currency translation adjustments 668,858       668,858     668,858
Net loss (3,665,112)         (3,665,112) 9,258 (3,655,854)
Ending balance at Jun. 30, 2024 (9,432,457) $ 138 $ 675 81,891,159 515,167 (91,840,133) 589,449 (8,843,008)
Ending balance (in shares) at Jun. 30, 2024   137,672 675,281          
Increase (Decrease) in Stockholders' Equity                
Stock-based compensation 176,691     176,691       176,691
Issuance of warrants in connection with convertible notes, net of tax 379,638     379,638       379,638
Foreign currency translation adjustments (84,655)       (84,655)     (84,655)
Net loss (2,810,304)         (2,810,304) 60,296 (2,750,008)
Ending balance at Sep. 30, 2024 (11,771,087) $ 138 $ 675 82,447,488 430,512 (94,650,437) $ 649,745 (11,121,342)
Ending balance (in shares) at Sep. 30, 2024   137,672 675,281          
Beginning balance at Dec. 31, 2024 (13,490,552) $ 138 $ 738 82,779,088 337,189 (96,608,242)   (13,490,552)
Beginning balance (in shares) at Dec. 31, 2024   137,672 738,331          
Increase (Decrease) in Stockholders' Equity                
Stock-based compensation       179,801       179,801
Issuance of warrants in connection with convertible notes, net of tax       2,594,531       2,594,531
Foreign currency translation adjustments         (826,454)     (826,454)
Net loss           (6,251,893)   (6,251,893)
Ending balance at Mar. 31, 2025   $ 138 $ 738 85,553,420 (489,265) (102,860,135)   (17,794,567)
Ending balance (in shares) at Mar. 31, 2025   137,672 738,331          
Beginning balance at Dec. 31, 2024 $ (13,490,552) $ 138 $ 738 82,779,088 337,189 (96,608,242)   (13,490,552)
Beginning balance (in shares) at Dec. 31, 2024   137,672 738,331          
Increase (Decrease) in Stockholders' Equity                
Foreign currency translation adjustments               (237,029)
Net loss               (21,780,225)
Ending balance at Sep. 30, 2025   $ 201 $ 738 111,927,736 100,160 (118,388,467)   (6,359,095)
Ending balance (in shares) at Sep. 30, 2025   200,592 738,331          
Beginning balance at Mar. 31, 2025   $ 138 $ 738 85,553,420 (489,265) (102,860,135)   (17,794,567)
Beginning balance (in shares) at Mar. 31, 2025   137,672 738,331          
Increase (Decrease) in Stockholders' Equity                
Stock-based compensation       214,062       214,062
Foreign currency translation adjustments         561,554     561,554
Net loss           (6,249,127)   (6,249,127)
Ending balance at Jun. 30, 2025   $ 138 $ 738 85,767,482 72,289 (109,109,262)   (23,268,078)
Ending balance (in shares) at Jun. 30, 2025   137,672 738,331          
Increase (Decrease) in Stockholders' Equity                
Stock-based compensation       363,117       363,117
Foreign currency translation adjustments         27,871     27,871
Net loss           (9,279,205)   (9,279,205)
Ending balance at Sep. 30, 2025   $ 201 $ 738 $ 111,927,736 $ 100,160 $ (118,388,467)   $ (6,359,095)
Ending balance (in shares) at Sep. 30, 2025   200,592 738,331